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Private Briefingwith WILLIAM PATALON III, Executive Editor
Shares of this mobile gamer surged as much as 12% yesterday, giving us a peak gain of 104% on a stock that since Small-Cap Rocket Alert EditorSid Riggs recommended it to you on May 16.
That makes it our 30th triple-digit winner since we launched Private Briefing in August 2011 (we’ll get back to that in a minute)…
Click here and learn how to get exclusive access to the backdoor way to make a quick 160% on the Alibaba IPO. But, you have to be in position before it goes public in September. Click here.
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One of the most anticipated IPOs of 2013 is coming to market next week.
It's part of the handful of deals debuting next week, many of which include investment banks like Goldman Sachs, JPMorgan and BofA Merrill Lynch in lead roles.
The following few deals are expected to be high-demand offerings with solid aftermarket potential.
First, let's look at a couple of the small deals hitting the market next week. These are in addition to the three we profiled earlier in the week.
On Thursday, April 18, we will see an IPO from Taminco Corp. (NYSE: TAM), which produces alkylamines and alkylamine derivatives. These are used in the manufacturing of products for the agriculture, water treatment, personal & home care, animal nutrition and oil and gas end-markets. They help neutralize acidity, and remove contaminants from a wide range of products.
Taminco is the dominant player in a niche market with few competitors, giving it substantial pricing power, according to the prospectus. Most raw material price changes are easily passed on to the end consumer.
The company is offering 15.8 million shares between $18 and $20. At that midpoint of the range the offering will raise $281 million of net proceeds which will be used to pay off outstanding debt. The offering has a large management group with Citigroup, Goldman Sachs, Credit Suisse, JPMorgan, Deutsche Bank Securities, Jefferies, Morgan Stanley and UBS Investment Bank acting as joint managers.
On Friday, Black Hawk Network Holdings (Nasdaq: HAWK), a leading prepaid payment network, will sell 10 million shares between $20 and $22. The company is one of the leading providers of prepaid gift cards in the world based on the amount of funds pre-loaded on the cards.
It offers cards from leading vendors such as Starbucks, Amazon, iTunes, and many other leading stores and online shopping sites. IT offers prepaid cards from payment vendors such as American Express, Mastercard, and Vise, and general purpose reloadable cards such as GreenDot as well as its own PayPower GPR card.
The cards are offered through a network of high-traffic locations such as grocery stores, convenience and specialty stores as well as online retailers.
The company is currently owned by Safeway Inc. (NYSE: SWY) and the grocer will hold a large stake and voting control of the company after the offering. All offering proceeds will go to the selling stockholders, including Safeway.
Goldman, Sachs, BofA Merrill Lynch, Citigroup and Deutsche Bank Securities are the joint managers.
Also on Friday we will see one of the most anticipated offerings of the year:
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